Texas Mileage Reimbursement Rate 2024 Pdf. John, a freelancer, drives 1,000 miles for client meetings and is reimbursed by his clients at $0.60 per mile, totaling $600. If your medical and dental expenses exceed more than 7.5% of adjusted gross income (agi), you can deduct the overage.
So for simple math, if your agi is $100,000 for the year 2024, and. The standard mileage rate for business use is based on an annual study of the fixed and variable costs of operating a car.